$1,617,145 - $2,616,000
RENTED FEB 1, 2025

286 Bal Bay Dr Unit 2A Bal Harbour, FL 33154

3 Beds
3 Baths
2,389 Sq Ft
1954 Built

Last Sold March 21, 2014

Last sale price $930,000 $389 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $12,862/month

Highlights

  • Ocean View
  • Property fronts an intracoastal waterway
  • Sitting Area In Primary Bedroom
  • Ruth K. Broad Bay Harbor K-8 Center Rated A
  • Gated with Attendant
  • Marble Flooring

About This Home

As of February 2025

Unique opportunity to live behind the gates in Bal Harbour Village on the wide Intracoastal waterway in this
beautifully renovated corner 3 bed/3 bath residence flooded with natural light. Option for an additional 1/1
available, perfect for guest, housekeeper, nanny, etc. This boutique building feels like a private villa with
breathtaking views from your expansive terrace and all common living spaces. Property has a convenient live in
manager. Only steps to the Ritz Carlton Spa and beach with the option for a gym or spa membership for a beach
club to call your own. Also just a short walk to Bal Harbour Shops, restaurants, houses of worship, parks, schools
and much more

Last Agent to Rent the Property

Michele Tess Berlowitz

Douglas Elliman License #0604782 Listed on: 11/09/2024

Douglas Elliman

Last Renter's Agent

Michele Tess Berlowitz

Douglas Elliman License #0604782 Listed on: 11/09/2024

Douglas Elliman

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $21,504

Year Built

  • Built in 1954

Lot Details

  • Property fronts an intracoastal waterway
  • Property Fronts a Bay or Harbor
  • Northeast Facing Home

Property Views

  • Ocean
  • Intracoastal
  • Bay

Home Design

  • Garden Apartment
  • Entry on the 3rd floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,389 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Blinds
  • Combination Dining and Living Room
  • Marble Flooring

Kitchen

  • Built-In Oven
  • Gas Range
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Sitting Area In Primary Bedroom
  • Closet Cabinetry
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Parking

  • 2 Car Parking Spaces
  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Balcony
  • Exterior Lighting
  • Porch

Schools

  • Bay Harbor Elementary School
  • Miami Beach High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Property Available on 11/7/24
  • 1 Year With Renewal Option Lease Term
  • Assessor Parcel Number 12-22-26-047-0040

Community Details

Overview

  • No Home Owners Association
  • Waters Edge House Condo
  • Waters Edge House Condo,Waters Edge House Subdivision
  • Maintained Community
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Gated with Attendant
  • Resident Manager or Management On Site
  • Card or Code Access

Condo Details

Home Type

Condominium

Est. Annual Taxes

$21,504

Year Built

Built in 1954

Lot Details

0

Rental Info

  • Pets Allowed: Maximum 20 Lbs
  • Available Date: 2024-11-07
  • Lease Term: 1 Year With Renewal Option

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1954
  • Property Sub Type: Condominium
  • Architectural Style: Garden Apartment
  • Directions: Use google maps
  • Entry Level: 3
  • Road Frontage Type: Bay
  • Garage Yn: No
  • Horses: No
  • Inclusions: Other
  • Lease Assignable: No
  • New Construction: No
  • Building Stories: 3
  • Structure Type: Condo/Co-Op/Annual, Condo
  • Subdivision Name: WATERS EDGE HOUSE CONDO,WATERS EDGE HOUSE
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: Yes
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Ice Maker, Gas Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: Built-in Features, Closet Cabinetry, Walk-In Closet(s), Utility Room/Laundry
  • Spa Yn: No
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 2389
  • Stories: 3
  • Window Features: Blinds
  • Bedroom Features: Entry Level, Sitting Area - Primary Bedroom
  • Dining Room Features: Dining/Living Room
  • Living Room Features: Utility Room/Laundry

Exterior Features

  • View: Bay, Intracoastal View, Ocean, Water
  • Exterior Features: Lighting, Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: Northeast
  • Patio And Porch Features: Porch/Balcony, Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Intracoastal Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: WATERS EDGE HOUSE CONDO
  • Parking Features: 2 Spaces, Assigned, Guest, No Rv/Boats, No Trucks/Trailers

Utilities

  • Sewer: Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Key Card Entry, Gated with Guard, Security Patrol

Condo/Co-op/Association

  • Amenities: Guard At Gate, Maintained Community, Management On Site, Security Patrol
  • Association: No
  • Community Features: Gated Community, Maintained Community, Management On Site, Paved Road, Private Roads, Security Patrol, Street Lights

Schools

  • Elementary School: Bay Harbor
  • High School: Miami Beach

Lot Info

  • Parcel Number: 12-22-26-047-0040
  • Land Lease: No
  • Land Lease Amount Frequency: Monthly
  • Zoning: 4700
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 24, 2022
Sold by
Joseph Swedroe
Bought by
Waters Edge 2A Llc
Current Estimated Value
$2,077,786

Purchase Details

Listed on
Sep 24, 2013
Closed on
Mar 21, 2014
Sold by
Hecht Eliot and Roberts Morton
Bought by
Swedroe Joseph
Seller's Agent
Nancy Batchelor
Compass Florida, LLC
Buyer's Agent
Non-Member Mls Agent
List Price
$1,639,000
Sold Price
$930,000
Premium/Discount to List
-$709,000
-43.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.25%

Purchase Details

Closed on
Aug 25, 2009
Sold by
Hecht Eliot
Bought by
Hecht Eliot and Roberts Morton

Purchase Details

Closed on
Apr 10, 2009
Sold by
Water'S Edge House Inc
Bought by
Hecht Eliot
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Waters Edge 2A Llc -- Berger Singerman Llp
Swedroe Joseph $930,000 Attorney
Hecht Eliot $264,000 Attorney
Hecht Eliot $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hecht Eliot $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2025 02/01/25 Rented $7,000 0.0% --
01/22/2025 01/22/25 Under Contract -- -- --
12/31/2024 12/31/24 Price Changed $7,000 -12.5% $3 / Sq Ft
12/19/2024 12/19/24 Price Changed $8,000 -11.1% $3 / Sq Ft
11/09/2024 11/09/24 For Rent $9,000 +66.7% --
10/15/2017 10/15/17 Rented $5,400 +22.7% --
10/07/2017 10/07/17 Price Changed $4,400 -2.2% $2 / Sq Ft
09/27/2017 09/27/17 Price Changed $4,500 -6.3% $2 / Sq Ft
09/19/2017 09/19/17 Price Changed $4,800 -12.7% $2 / Sq Ft
09/05/2017 09/05/17 Price Changed $5,500 +14.6% $2 / Sq Ft
08/17/2017 08/17/17 Price Changed $4,800 -4.0% $2 / Sq Ft
08/15/2017 08/15/17 Price Changed $5,000 +4.2% $2 / Sq Ft
08/08/2017 08/08/17 Price Changed $4,800 -4.0% $2 / Sq Ft
06/05/2017 06/05/17 Price Changed $5,000 -13.8% $2 / Sq Ft
06/02/2017 06/02/17 For Rent $5,800 -17.1% --
03/25/2015 03/25/15 Rented $7,000 -6.7% --
02/23/2015 02/23/15 Under Contract -- -- --
12/19/2014 12/19/14 For Rent $7,500 0.0% --
03/21/2014 03/21/14 Sold $930,000 -25.6% $389 / Sq Ft
02/05/2014 02/05/14 Pending -- -- --
11/06/2013 11/06/13 Price Changed $1,250,000 -23.7% $523 / Sq Ft
09/24/2013 09/24/13 For Sale $1,639,000 -- $686 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $21,504 $1,076,817 -- --
2024 $21,550 $1,076,817 -- --
2023 $21,550 $1,071,460 $0 $0
2022 $16,669 $711,109 $0 $0
2021 $13,344 $646,463 $0 $0
2020 $12,318 $649,008 $0 $0
2019 $15,379 $811,260 $0 $0
2018 $13,417 $705,440 $0 $0
2017 $13,528 $699,284 $0 $0
2016 $13,501 $705,440 $0 $0
2015 $13,813 $705,440 $0 $0
2014 $6,861 $350,088 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11689665

MIAMI REALTORS® MLS

APN: 12-2226-047-0040